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how much Good will will be recorded in this acquisition? (explain) help me understand this . Compu ce the amount of acquired Goodwill Assume that
how much Good will will be recorded in this acquisition? (explain)
help me understand this .
Compu ce the amount of acquired Goodwill Assume that you are charged with assigning fair values related to a $1,900,000 acquisition. You assemble the following information relating to the acquiree's assets and liabilities: Account Cash Book Value Fair Value $100,000 $100,000 Accounts receivable 200,000 250,000 190,000 270,000 Inventories Property,plant and equipment(PPE) Current 800,000 1,000,000 liabilities (300,000) (300,000) Accrued liabilities (350,000) (350,000) $700,000 $910,000 Unrecorded asset: Patent w 500,000 $1,410,000Step by Step Solution
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